FIELD COTTAGE, STATION ROAD, NINGWOOD, YARMOUTH, PO41 0TH - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FIELD COTTAGE is a very large detached house of 176m², built sometime before 1900. It was last sold for £475,000 in November 2015, which was around 66% above the average November 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was A.

FIELD COTTAGE Sold Prices

Land registry data shows three sales for FIELD COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three FIELD COTTAGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 27 NOV	£475,000	£286,145	66% above HPI
2006 30 JUN	£375,000	£246,936	52% above HPI
1995 8 SEP	£142,000	£69,544	104% above HPI

FIELD COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three FIELD COTTAGE sales between September 1995 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2006 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the November 2015 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is FIELD COTTAGE?

FIELD COTTAGE is 176m² according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses in Ningwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ningwood, and where FIELD COTTAGE lies on this distribution: 88% of detached houses are smaller than FIELD COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ningwood.

FIELD COTTAGE: Plot and Title Map

FIELD COTTAGE sits on a plot of roughly 0.359 of an acre, or 1,453m². The below map shows the location of FIELD COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of FIELD COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is FIELD COTTAGE?

FIELD COTTAGE is located on STATION ROAD in NINGWOOD, in the PO41 postcode district. The below map shows the position of FIELD COTTAGE on STATION ROAD.